News Release

Actuant Provides Details of Business Segment Realignment

MILWAUKEE--(BUSINESS WIRE)--Oct. 4, 2018--
As previously announced, Actuant Corporation (the “Company”) has
realigned its financial reporting segments. The change is effective for
the Company’s fourth quarter of 2018. The realignment reflects changes
in the operating structure of the Company with the combination of the
Company’s tools and services business and all OEM-related businesses
into two operating segments: Industrial Tools & Services (“IT&S”) and
Engineered Components & Systems (“EC&S”), respectively.

The IT&S segment results from the consolidation of the former Industrial
segment, excluding the Precision-Hayes business, with the Hydratight and
Mirage businesses from the former Energy segment. The new segment
concentrates on product sales and service as well as rental
capabilities. Executive Vice President Jeff Schmaling will lead the
segment.

The EC&S segment is comprised of the former Engineered Solutions segment
and now includes the Precision-Hayes business and the former Energy
segment businesses, Cortland and Viking (which was divested in the
second quarter of Fiscal 2018). The segment is focused on highly
engineered components for transportation, agricultural, construction and
other vertical markets and will be led by Executive Vice President,
Roger Roundhouse.

In addition, the Company’s reportable product lines are being
reorganized into the following structure: IT&S product lines - Product
and Service & Rental; and EC&S product lines - On-Highway; Agriculture,
Off-Highway and Other; Rope & Cable Solutions; Concrete Tensioning; and
Off-Shore Mooring (divested in connection with the sale of the Viking
business). The product line reporting change is also effective for the
Company’s fourth quarter of 2018.

For comparative purposes, the Company has included as an attachment to
this release certain unaudited historical financial results for both the
new and prior segment and product line reporting. The updated segment
presentation will be reflected in the Company’s forthcoming Annual
Report on Form 10-K. The segment and product line reorganizations do not
impact the Company’s audited consolidated financial statements.

About Actuant Corporation

Actuant Corporation is a diversified industrial company serving
customers from operations in more than 30 countries. The Actuant
businesses are leaders in a broad array of niche markets including
branded hydraulic tools and solutions; specialized products and services
for energy markets and highly engineered position and motion control
systems. The Company was founded in 1910 and is headquartered in
Menomonee Falls, Wisconsin. Actuant trades on the NYSE under the symbol
ATU. For further information on Actuant and its businesses, visit the
Company's website at www.actuant.com.

(tables follow)

ACTUANT CORPORATION

SUPPLEMENTAL UNAUDITED DATA

(Dollars in thousands)

RESULTS BY REPORTING SEGMENT

NEW REPORTING STRUCTURE

FORMER REPORTING STRUCTURE

FISCAL

FISCAL

FISCAL

FISCAL

FISCAL

FISCAL

2016

2017

2018

2016

2017

2018

SALES

SALES

INDUSTRIAL TOOLS & SERVICES SEGMENT

$

588,207

$

552,582

$

591,085

INDUSTRIAL SEGMENT

$

359,817

$

379,755

$

415,897

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

561,203

543,202

591,526

ENERGY SEGMENT

392,731

309,594

303,144

TOTAL

$

1,149,410

$

1,095,784

$

1,182,611

ENGINEERED SOLUTIONS SEGMENT

396,862

406,435

463,570

TOTAL

$

1,149,410

$

1,095,784

$

1,182,611

OPERATING PROFIT (LOSS)

OPERATING PROFIT (LOSS)

INDUSTRIAL TOOLS & SERVICES SEGMENT

$

123,809

$

98,377

$

103,718

INDUSTRIAL SEGMENT

$

82,929

$

86,623

$

90,396

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

11,173

8,501

24,787

ENERGY SEGMENT

38,851

(99

)

12,340

CORPORATE / GENERAL

(29,025

)

(25,123

)

(24,404

)

ENGINEERED SOLUTIONS SEGMENT

13,187

20,359

25,698

ADJUSTED OPERATING PROFIT

$

105,957

$

81,755

$

104,101

CORPORATE / GENERAL

(29,010

)

(25,128

)

(24,333

)

IMPAIRMENT & DIVESTITURE CHARGES

(186,511

)

(116,979

)

(73,058

)

ADJUSTED OPERATING PROFIT

$

105,957

$

81,755

$

104,101

RESTRUCTURING CHARGES

(14,571

)

(7,228

)

(12,845

)

IMPAIRMENT & DIVESTITURE CHARGES

(186,511

)

(116,979

)

(73,058

)

LOSS ON SALE OF PRODUCT LINE DIVESTITURE

(5,092

)

-

-

RESTRUCTURING CHARGES

(14,571

)

(7,228

)

(12,845

)

DIRECTOR & OFFICER TRANSITION CHARGES

-

(7,784

)

-

LOSS ON SALE OF PRODUCT LINE DIVESTITURE

(5,092

)

-

-

OPERATING PROFIT (LOSS)

$

(100,217

)

$

(50,236

)

$

18,198

DIRECTOR & OFFICER TRANSITION CHARGES

-

(7,784

)

-

OPERATING PROFIT (LOSS)

$

(100,217

)

$

(50,236

)

$

18,198

ADJUSTED OPERATING PROFIT %

ADJUSTED OPERATING PROFIT %

INDUSTRIAL TOOLS & SERVICES SEGMENT

21.0

%

17.8

%

17.5

%

INDUSTRIAL SEGMENT

23.0

%

22.8

%

21.7

%

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

2.0

%

1.6

%

4.2

%

ENERGY SEGMENT

9.9

%

0.0

%

4.1

%

ADJUSTED OPERATING PROFIT %

9.2

%

7.5

%

8.8

%

ENGINEERED SOLUTIONS SEGMENT

3.3

%

5.0

%

5.5

%

ADJUSTED OPERATING PROFIT %

9.2

%

7.5

%

8.8

%

EBITDA

EBITDA

INDUSTRIAL TOOLS & SERVICES SEGMENT

$

137,923

$

111,097

$

119,318

INDUSTRIAL SEGMENT

$

90,858

$

93,707

$

98,371

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

42,092

34,911

48,478

ENERGY SEGMENT

59,852

16,826

28,938

CORPORATE / GENERAL

(27,640

)

(23,896

)

(22,366

)

ENGINEERED SOLUTIONS SEGMENT

29,154

34,807

40,619

ADJUSTED EBITDA

$

152,375

$

122,112

$

145,430

CORPORATE / GENERAL

(27,489

)

(23,228

)

(22,498

)

IMPAIRMENT & DIVESTITURE CHARGES

(186,511

)

(116,979

)

(73,058

)

ADJUSTED EBITDA

$

152,375

$

122,112

$

145,430

RESTRUCTURING CHARGES

(14,571

)

(7,228

)

(12,845

)

IMPAIRMENT & DIVESTITURE CHARGES

(186,511

)

(116,979

)

(73,058

)

LOSS ON SALE OF PRODUCT LINE DIVESTITURE

(5,092

)

-

-

RESTRUCTURING CHARGES

(14,571

)

(7,228

)

(12,845

)

DIRECTOR & OFFICER TRANSITION CHARGES

-

(7,784

)

-

LOSS ON SALE OF PRODUCT LINE DIVESTITURE

(5,092

)

-

-

EBITDA

$

(53,799

)

$

(9,879

)

$

59,527

DIRECTOR & OFFICER TRANSITION CHARGES

-

(7,784

)

-

EBITDA

$

(53,799

)

$

(9,879

)

$

59,527

ADJUSTED EBITDA %

ADJUSTED EBITDA %

INDUSTRIAL TOOLS & SERVICES SEGMENT

23.4

%

20.1

%

20.2

%

INDUSTRIAL SEGMENT

25.3

%

24.7

%

23.7

%

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

7.5

%

6.4

%

8.2

%

ENERGY SEGMENT

15.2

%

5.4

%

9.5

%

ADJUSTED EBITDA %

13.3

%

11.1

%

12.3

%

ENGINEERED SOLUTIONS SEGMENT

7.3

%

8.6

%

8.8

%

ADJUSTED EBITDA %

13.3

%

11.1

%

12.3

%

DEPRECIATION & AMORTIZATION

DEPRECIATION & AMORTIZATION

INDUSTRIAL TOOLS & SERVICES SEGMENT

$

14,999

$

15,026

$

15,301

INDUSTRIAL SEGMENT

$

8,175

$

7,583

$

7,710

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

31,030

26,072

23,423

ENERGY SEGMENT

21,944

18,943

16,652

CORPORATE / GENERAL

1,748

2,012

1,984

ENGINEERED SOLUTIONS SEGMENT

15,910

14,572

14,362

TOTAL DEPRECIATION & AMORTIZATION

$

47,777

$

43,110

$

40,708

CORPORATE / GENERAL

1,748

2,012

1,984

TOTAL DEPRECIATION & AMORTIZATION

$

47,777

$

43,110

$

40,708

ACTUANT CORPORATION

SUPPLEMENTAL UNAUDITED DATA

(Dollars in thousands)

NET SALES BY PRODUCT LINE

NEW REPORTING STRUCTURE

FORMER REPORTING STRUCTURE

FISCAL

FISCAL

FISCAL

FISCAL

FISCAL

FISCAL

2016

2017

2018

2016

2017

2018

INDUSTRIAL TOOLS & SERVICES SEGMENT

INDUSTRIAL SEGMENT

PRODUCT

$

400,780

$

396,381

$

439,405

INDUSTRIAL TOOLS

$

314,832

$

335,569

$

369,546

SERVICE & RENTAL

187,427

156,201

151,680

HEAVY LIFTING TECHNOLOGY

44,985

44,186

46,351

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

ENERGY SEGMENT

ON-HIGHWAY

209,575

215,831

248,083

ENERGY MAINTENANCE & INTEGRITY

278,881

225,716

224,386

AGRICULTURE, OFF-HIGHWAY AND OTHER

187,287

190,604

215,487

OTHER ENERGY SOLUTIONS

113,850

83,878

78,758

ROPE & CABLE SOLUTIONS

73,813

65,169

76,011

CONCRETE TENSIONING

50,491

52,889

49,198

ENGINEERED SOLUTIONS SEGMENT

OFF-SHORE MOORING

40,037

18,709

2,747

ON-HIGHWAY

209,575

215,831

248,083

AGRICULTURE, OFF-HIGHWAY AND OTHER

187,287

190,604

215,487

TOTAL

$

1,149,410

$

1,095,784

$

1,182,611

TOTAL

$

1,149,410

$

1,095,784

$

1,182,611

ACTUANT CORPORATION

SUPPLEMENTAL UNAUDITED DATA

(Dollars in thousands)

RESULTS BY REPORTING SEGMENT

NEW REPORTING STRUCTURE

FORMER REPORTING STRUCTURE

FISCAL 2016

FISCAL 2016

Q1

Q2

Q3

Q4

TOTAL

Q1

Q2

Q3

Q4

TOTAL

SALES

SALES

INDUSTRIAL TOOLS & SERVICES SEGMENT

$

154,500

$

128,811

$

156,210

$

148,686

$

588,207

INDUSTRIAL SEGMENT

$

88,870

$

81,188

$

95,750

$

94,009

$

359,817

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

150,511

134,478

149,131

127,083

561,203

ENERGY SEGMENT

113,764

86,225

101,300

91,442

392,731

TOTAL

$

305,011

$

263,289

$

305,341

$

275,769

$

1,149,410

ENGINEERED SOLUTIONS SEGMENT

102,377

95,876

108,291

90,318

396,862

TOTAL

$

305,011

$

263,289

$

305,341

$

275,769

$

1,149,410

OPERATING PROFIT (LOSS)

OPERATING PROFIT (LOSS)

INDUSTRIAL TOOLS & SERVICES SEGMENT

$

32,390

$

23,938

$

35,420

$

32,061

$

123,809

INDUSTRIAL SEGMENT

$

21,263

$

17,003

$

22,519

$

22,144

$

82,929

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

5,934

968

4,320

(49

)

11,173

ENERGY SEGMENT

12,124

5,348

12,438

8,941

38,851

CORPORATE / GENERAL

(8,573

)

(6,928

)

(7,901

)

(5,623

)

(29,025

)

ENGINEERED SOLUTIONS SEGMENT

4,937

2,555

4,768

927

13,187

ADJUSTED OPERATING PROFIT

$

29,751

$

17,978

$

31,839

$

26,389

$

105,957

CORPORATE / GENERAL

(8,573

)

(6,928

)

(7,886

)

(5,623

)

(29,010

)

IMPAIRMENT & DIVESTITURE CHARGES

-

(186,511

)

-

-

(186,511

)

ADJUSTED OPERATING PROFIT

$

29,751

$

17,978

$

31,839

$

26,389

$

105,957

RESTRUCTURING CHARGES

(4,380

)

(3,582

)

(3,496

)

(3,113

)

(14,571

)

IMPAIRMENT & DIVESTITURE CHARGES

-

(186,511

)

-

-

(186,511

)

LOSS ON SALE OF PRODUCT LINE DIVESTITURE

-

-

-

(5,092

)

(5,092

)

RESTRUCTURING CHARGES

(4,380

)

(3,582

)

(3,496

)

(3,113

)

(14,571

)

OPERATING PROFIT (LOSS)

$

25,371

$

(172,115

)

$

28,343

$

18,184

$

(100,217

)

LOSS ON SALE OF PRODUCT LINE DIVESTITURE

-

-

-

(5,092

)

(5,092

)

OPERATING PROFIT (LOSS)

$

25,371

$

(172,115

)

$

28,343

$

18,184

$

(100,217

)

ADJUSTED OPERATING PROFIT %

ADJUSTED OPERATING PROFIT %

INDUSTRIAL TOOLS & SERVICES SEGMENT

21.0

%

18.6

%

22.7

%

21.6

%

21.0

%

INDUSTRIAL SEGMENT

23.9

%

20.9

%

23.5

%

23.6

%

23.0

%

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

3.9

%

0.7

%

2.9

%

0.0

%

2.0

%

ENERGY SEGMENT

10.7

%

6.2

%

12.3

%

9.8

%

9.9

%

ADJUSTED OPERATING PROFIT %

9.8

%

6.8

%

10.4

%

9.6

%

9.2

%

ENGINEERED SOLUTIONS SEGMENT

4.8

%

2.7

%

4.4

%

1.0

%

3.3

%

ADJUSTED OPERATING PROFIT %

9.8

%

6.8

%

10.4

%

9.6

%

9.2

%

EBITDA

EBITDA

INDUSTRIAL TOOLS & SERVICES SEGMENT

$

35,766

$

27,131

$

39,101

$

35,925

$

137,923

INDUSTRIAL SEGMENT

$

22,959

$

18,829

$

24,686

$

24,384

$

90,858

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

13,482

9,863

11,210

7,537

42,092

ENERGY SEGMENT

18,348

10,968

16,819

13,717

59,852

CORPORATE / GENERAL

(7,644

)

(6,867

)

(7,862

)

(5,267

)

(27,640

)

ENGINEERED SOLUTIONS SEGMENT

8,498

6,882

8,504

5,270

29,154

ADJUSTED EBITDA

$

41,604

$

30,127

$

42,449

$

38,195

$

152,375

CORPORATE / GENERAL

(8,201

)

(6,552

)

(7,560

)

(5,176

)

(27,489

)

IMPAIRMENT & DIVESTITURE CHARGES

-

(186,511

)

-

-

(186,511

)

ADJUSTED EBITDA

$

41,604

$

30,127

$

42,449

$

38,195

$

152,375

RESTRUCTURING CHARGES

(4,380

)

(3,582

)

(3,496

)

(3,113

)

(14,571

)

IMPAIRMENT & DIVESTITURE CHARGES

-

(186,511

)

-

-

(186,511

)

LOSS ON SALE OF PRODUCT LINE DIVESTITURE

-

-

-

(5,092

)

(5,092

)

RESTRUCTURING CHARGES

(4,380

)

(3,582

)

(3,496

)

(3,113

)

(14,571

)

EBITDA

$

37,224

$

(159,966

)

$

38,953

$

29,990

$

(53,799

)

LOSS ON SALE OF PRODUCT LINE DIVESTITURE

-

-

-

(5,092

)

(5,092

)

EBITDA

$

37,224

$

(159,966

)

$

38,953

$

29,990

$

(53,799

)

ADJUSTED EBITDA %

ADJUSTED EBITDA %

INDUSTRIAL TOOLS & SERVICES SEGMENT

23.1

%

21.1

%

25.0

%

24.2

%

23.4

%

INDUSTRIAL SEGMENT

25.8

%

23.2

%

25.8

%

25.9

%

25.3

%

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

9.0

%

7.3

%

7.5

%

5.9

%

7.5

%

ENERGY SEGMENT

16.1

%

12.7

%

16.6

%

15.0

%

15.2

%

ADJUSTED EBITDA %

13.6

%

11.4

%

13.9

%

13.9

%

13.3

%

ENGINEERED SOLUTIONS SEGMENT

8.3

%

7.2

%

7.9

%

5.8

%

7.3

%

ADJUSTED EBITDA %

13.6

%

11.4

%

13.9

%

13.9

%

13.3

%

NOTE: The total of the individual quarters may not equal the annual
total due to rounding

ACTUANT CORPORATION

SUPPLEMENTAL UNAUDITED DATA

(Dollars in thousands)

RESULTS BY REPORTING SEGMENT

NEW REPORTING STRUCTURE

FORMER REPORTING STRUCTURE

FISCAL 2017

FISCAL 2017

Q1

Q2

Q3

Q4

TOTAL

Q1

Q2

Q3

Q4

TOTAL

SALES

SALES

INDUSTRIAL TOOLS & SERVICES SEGMENT

$

138,628

$

130,166

$

147,224

$

136,564

$

552,582

INDUSTRIAL SEGMENT

$

87,290

$

91,648

$

100,503

$

100,314

$

379,755

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

127,165

128,703

148,203

139,131

543,202

ENERGY SEGMENT

84,646

72,884

83,480

68,584

309,594

TOTAL

$

265,793

$

258,869

$

295,427

$

275,695

$

1,095,784

ENGINEERED SOLUTIONS SEGMENT

93,857

94,337

111,444

106,797

406,435

TOTAL

$

265,793

$

258,869

$

295,427

$

275,695

$

1,095,784

OPERATING PROFIT (LOSS)

OPERATING PROFIT (LOSS)

INDUSTRIAL TOOLS & SERVICES SEGMENT

$

27,090

$

21,583

$

27,550

$

22,154

$

98,377

INDUSTRIAL SEGMENT

$

19,491

$

19,037

$

24,019

$

24,076

$

86,623

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

(1,436

)

89

5,539

4,309

8,501

ENERGY SEGMENT

3,328

(647

)

895

(3,675

)

(99

)

CORPORATE / GENERAL

(6,451

)

(6,372

)

(5,373

)

(6,928

)

(25,123

)

ENGINEERED SOLUTIONS SEGMENT

2,834

3,282

8,174

6,069

20,359

ADJUSTED OPERATING PROFIT

$

19,203

$

15,300

$

27,716

$

19,535

$

81,755

CORPORATE / GENERAL

(6,450

)

(6,372

)

(5,372

)

(6,935

)

(25,128

)

IMPAIRMENT & DIVESTITURE CHARGES

-

-

-

(116,979

)

(116,979

)

ADJUSTED OPERATING PROFIT

$

19,203

$

15,300

$

27,716

$

19,535

$

81,755

RESTRUCTURING CHARGES

(2,948

)

(2,101

)

(384

)

(1,795

)

(7,228

)

IMPAIRMENT & DIVESTITURE CHARGES

-

-

-

(116,979

)

(116,979

)

DIRECTOR & OFFICER TRANSITION CHARGES

(7,784

)

-

-

-

(7,784

)

RESTRUCTURING CHARGES

(2,948

)

(2,101

)

(384

)

(1,795

)

(7,228

)

OPERATING PROFIT (LOSS)

$

8,471

$

13,199

$

27,332

$

(99,239

)

$

(50,236

)

DIRECTOR & OFFICER TRANSITION CHARGES

(7,784

)

-

-

-

(7,784

)

OPERATING PROFIT (LOSS)

$

8,471

$

13,199

$

27,332

$

(99,239

)

$

(50,236

)

ADJUSTED OPERATING PROFIT %

ADJUSTED OPERATING PROFIT %

INDUSTRIAL TOOLS & SERVICES SEGMENT

19.5

%

16.6

%

18.7

%

16.2

%

17.8

%

INDUSTRIAL SEGMENT

22.3

%

20.8

%

23.9

%

24.0

%

22.8

%

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

-1.1

%

0.1

%

3.7

%

3.1

%

1.6

%

ENERGY SEGMENT

3.9

%

-0.9

%

1.1

%

-5.4

%

0.0

%

ADJUSTED OPERATING PROFIT %

7.2

%

5.9

%

9.4

%

7.1

%

7.5

%

ENGINEERED SOLUTIONS SEGMENT

3.0

%

3.5

%

7.3

%

5.7

%

5.0

%

ADJUSTED OPERATING PROFIT %

7.2

%

5.9

%

9.4

%

7.1

%

7.5

%

EBITDA

EBITDA

INDUSTRIAL TOOLS & SERVICES SEGMENT

$

31,571

$

24,439

$

30,103

$

24,984

$

111,097

INDUSTRIAL SEGMENT

$

21,217

$

21,064

$

25,575

$

25,851

$

93,707

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

4,608

6,832

12,402

11,069

34,911

ENERGY SEGMENT

9,108

2,943

4,633

142

16,826

CORPORATE / GENERAL

(5,452

)

(5,833

)

(5,449

)

(7,163

)

(23,896

)

ENGINEERED SOLUTIONS SEGMENT

6,281

7,277

11,716

9,533

34,807

ADJUSTED EBITDA

$

30,727

$

25,438

$

37,056

$

28,890

$

122,112

CORPORATE / GENERAL

(5,879

)

(5,846

)

(4,868

)

(6,636

)

(23,228

)

IMPAIRMENT & DIVESTITURE CHARGES

-

-

-

(116,979

)

(116,979

)

ADJUSTED EBITDA

$

30,727

$

25,438

$

37,056

$

28,890

$

122,112

RESTRUCTURING CHARGES

(2,948

)

(2,101

)

(384

)

(1,795

)

(7,228

)

IMPAIRMENT & DIVESTITURE CHARGES

-

-

-

(116,979

)

(116,979

)

DIRECTOR & OFFICER TRANSITION CHARGES

(7,784

)

-

-

-

(7,784

)

RESTRUCTURING CHARGES

(2,948

)

(2,101

)

(384

)

(1,795

)

(7,228

)

EBITDA

$

19,995

$

23,337

$

36,672

$

(89,884

)

$

(9,879

)

DIRECTOR & OFFICER TRANSITION CHARGES

(7,784

)

-

-

-

(7,784

)

EBITDA

$

19,995

$

23,337

$

36,672

$

(89,884

)

$

(9,879

)

ADJUSTED EBITDA %

ADJUSTED EBITDA %

INDUSTRIAL TOOLS & SERVICES SEGMENT

22.8

%

18.8

%

20.4

%

18.3

%

20.1

%

INDUSTRIAL SEGMENT

24.3

%

23.0

%

25.4

%

25.8

%

24.7

%

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

3.6

%

5.3

%

8.4

%

8.0

%

6.4

%

ENERGY SEGMENT

10.8

%

4.0

%

5.5

%

0.2

%

5.4

%

ADJUSTED EBITDA %

11.6

%

9.8

%

12.5

%

10.5

%

11.1

%

ENGINEERED SOLUTIONS SEGMENT

6.7

%

7.7

%

10.5

%

8.9

%

8.6

%

ADJUSTED EBITDA %

11.6

%

9.8

%

12.5

%

10.5

%

11.1

%

NOTE: The total of the individual quarters may not equal the annual
total due to rounding

ACTUANT CORPORATION

SUPPLEMENTAL UNAUDITED DATA

(Dollars in thousands)

RESULTS BY REPORTING SEGMENT

NEW REPORTING STRUCTURE

FORMER REPORTING STRUCTURE

FISCAL 2018

FISCAL 2018

Q1

Q2

Q3

Q4

TOTAL

Q1

Q2

Q3

Q4

TOTAL

SALES

SALES

INDUSTRIAL TOOLS & SERVICES SEGMENT

$

141,991

$

136,986

$

158,735

$

153,373

$

591,085

INDUSTRIAL SEGMENT

$

96,916

$

99,081

$

108,297

$

111,603

$

415,897

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

146,964

138,179

158,361

148,022

591,526

ENERGY SEGMENT

75,841

65,992

83,857

77,454

303,144

TOTAL

$

288,955

$

275,165

$

317,096

$

301,395

$

1,182,611

ENGINEERED SOLUTIONS SEGMENT

116,198

110,092

124,942

112,338

463,570

TOTAL

$

288,955

$

275,165

$

317,096

$

301,395

$

1,182,611

OPERATING PROFIT (LOSS)

OPERATING PROFIT (LOSS)

INDUSTRIAL TOOLS & SERVICES SEGMENT

$

22,218

$

20,510

$

32,206

$

28,783

$

103,718

INDUSTRIAL SEGMENT

$

19,482

$

18,493

$

25,845

$

26,576

$

90,396

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

5,107

1,177

9,714

8,789

24,787

ENERGY SEGMENT

1,224

747

7,033

3,336

12,340

CORPORATE / GENERAL

(6,023

)

(4,827

)

(8,149

)

(5,404

)

(24,404

)

ENGINEERED SOLUTIONS SEGMENT

6,618

2,409

9,039

7,633

25,698

ADJUSTED OPERATING PROFIT

$

21,302

$

16,860

$

33,771

$

32,168

$

104,101

CORPORATE / GENERAL

(6,022

)

(4,789

)

(8,146

)

(5,377

)

(24,333

)

IMPAIRMENT & DIVESTITURE CHARGES

-

(2,987

)

-

(70,071

)

(73,058

)

ADJUSTED OPERATING PROFIT

$

21,302

$

16,860

$

33,771

$

32,168

$

104,101

RESTRUCTURING CHARGES

(6,629

)

(4,284

)

(1,186

)

(746

)

(12,845

)

IMPAIRMENT & DIVESTITURE CHARGES

-

(2,987

)

-

(70,071

)

(73,058

)

OPERATING PROFIT (LOSS)

$

14,673

$

9,589

$

32,585

$

(38,649

)

$

18,198

RESTRUCTURING CHARGES

(6,629

)

(4,284

)

(1,186

)

(746

)

(12,845

)

OPERATING PROFIT (LOSS)

$

14,673

$

9,589

$

32,585

$

(38,649

)

$

18,198

ADJUSTED OPERATING PROFIT %

ADJUSTED OPERATING PROFIT %

INDUSTRIAL TOOLS & SERVICES SEGMENT

15.6

%

15.0

%

20.3

%

18.8

%

17.5

%

INDUSTRIAL SEGMENT

20.1

%

18.7

%

23.9

%

23.8

%

21.7

%

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

3.5

%

0.9

%

6.1

%

5.9

%

4.2

%

ENERGY SEGMENT

1.6

%

1.1

%

8.4

%

4.3

%

4.1

%

ADJUSTED OPERATING PROFIT %

7.4

%

6.1

%

10.7

%

10.7

%

8.8

%

ENGINEERED SOLUTIONS SEGMENT

5.7

%

2.2

%

7.2

%

6.8

%

5.5

%

ADJUSTED OPERATING PROFIT %

7.4

%

6.1

%

10.7

%

10.7

%

8.8

%

EBITDA

EBITDA

INDUSTRIAL TOOLS & SERVICES SEGMENT

$

25,567

$

24,594

$

36,394

$

32,763

$

119,318

INDUSTRIAL SEGMENT

$

21,202

$

21,034

$

27,823

$

28,312

$

98,371

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

11,004

7,267

15,093

15,114

48,478

ENERGY SEGMENT

5,125

4,533

11,554

7,726

28,938

CORPORATE / GENERAL

(5,508

)

(5,073

)

(7,113

)

(4,672

)

(22,366

)

ENGINEERED SOLUTIONS SEGMENT

10,254

6,020

12,566

11,779

40,619

ADJUSTED EBITDA

$

31,063

$

26,788

$

44,374

$

43,205

$

145,430

CORPORATE / GENERAL

(5,518

)

(4,799

)

(7,569

)

(4,612

)

(22,498

)

IMPAIRMENT & DIVESTITURE CHARGES

-

(2,987

)

-

(70,071

)

(73,058

)

ADJUSTED EBITDA

$

31,063

$

26,788

$

44,374

$

43,205

$

145,430

RESTRUCTURING CHARGES

(6,629

)

(4,284

)

(1,186

)

(746

)

(12,845

)

IMPAIRMENT & DIVESTITURE CHARGES

-

(2,987

)

-

(70,071

)

(73,058

)

EBITDA

$

24,434

$

19,517

$

43,188

$

(27,612

)

$

59,527

RESTRUCTURING CHARGES

(6,629

)

(4,284

)

(1,186

)

(746

)

(12,845

)

EBITDA

$

24,434

$

19,517

$

43,188

$

(27,612

)

$

59,527

ADJUSTED EBITDA %

ADJUSTED EBITDA %

INDUSTRIAL TOOLS & SERVICES SEGMENT

18.0

%

18.0

%

22.9

%

21.4

%

20.2

%

INDUSTRIAL SEGMENT

21.9

%

21.2

%

25.7

%

25.4

%

23.7

%

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

7.5

%

5.3

%

9.5

%

10.2

%

8.2

%

ENERGY SEGMENT

6.8

%

6.9

%

13.8

%

10.0

%

9.5

%

ADJUSTED EBITDA %

10.8

%

9.7

%

14.0

%

14.3

%

12.3

%

ENGINEERED SOLUTIONS SEGMENT

8.8

%

5.5

%

10.1

%

10.5

%

8.8

%

ADJUSTED EBITDA %

10.8

%

9.7

%

14.0

%

14.3

%

12.3

%

NOTE: The total of the individual quarters may not equal the annual
total due to rounding

ACTUANT CORPORATION

SUPPLEMENTAL UNAUDITED DATA

(Dollars in thousands)

NET SALES BY PRODUCT LINE

NEW REPORTING STRUCTURE

FORMER REPORTING STRUCTURE

FISCAL 2016

FISCAL 2016

Q1

Q2

Q3

Q4

TOTAL

Q1

Q2

Q3

Q4

TOTAL

INDUSTRIAL TOOLS & SERVICES SEGMENT

INDUSTRIAL SEGMENT

PRODUCT

$

92,975

$

90,362

$

109,490

$

107,953

$

400,780

INDUSTRIAL TOOLS

$

79,733

$

72,095

$

81,770

$

81,234

$

314,832

SERVICE & RENTAL

61,525

38,449

46,720

40,733

187,427

HEAVY LIFTING TECHNOLOGY

9,137

9,093

13,980

12,775

44,985

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

ENERGY SEGMENT

ON-HIGHWAY

54,075

49,434

58,440

47,626

209,575

ENERGY MAINTENANCE & INTEGRITY

78,835

58,551

73,377

68,118

278,881

AGRICULTURE, OFF-HIGHWAY AND OTHER

48,302

46,442

49,851

42,692

187,287

OTHER ENERGY SOLUTIONS

34,929

27,674

27,923

23,324

113,850

ROPE & CABLE SOLUTIONS

22,391

15,938

18,231

17,253

73,813

CONCRETE TENSIONING

13,205

10,928

12,917

13,441

50,491

ENGINEERED SOLUTIONS SEGMENT

OFF-SHORE MOORING

12,538

11,736

9,692

6,071

40,037

ON-HIGHWAY

54,075

49,434

58,440

47,626

209,575

AGRICULTURE, OFF-HIGHWAY AND OTHER

48,302

46,442

49,851

42,692

187,287

TOTAL

$

305,011

$

263,289

$

305,341

$

275,769

$

1,149,410

TOTAL

$

305,011

$

263,289

$

305,341

$

275,769

$

1,149,410

NOTE: The total of the individual quarters may not equal the annual
total due to rounding

ACTUANT CORPORATION

SUPPLEMENTAL UNAUDITED DATA

(Dollars in thousands)

NET SALES BY PRODUCT LINE

NEW REPORTING STRUCTURE

FORMER REPORTING STRUCTURE

FISCAL 2017

FISCAL 2017

Q1

Q2

Q3

Q4

TOTAL

Q1

Q2

Q3

Q4

TOTAL

INDUSTRIAL TOOLS & SERVICES SEGMENT

INDUSTRIAL SEGMENT

PRODUCT

$

93,415

$

94,406

$

105,615

$

102,945

$

396,381

INDUSTRIAL TOOLS

$

79,039

$

78,679

$

87,404

$

90,447

$

335,569

SERVICE & RENTAL

45,213

35,760

41,609

33,619

156,201

HEAVY LIFTING TECHNOLOGY

8,251

12,969

13,099

9,867

44,186

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

ENERGY SEGMENT

ON-HIGHWAY

51,630

50,611

57,710

55,880

215,831

ENERGY MAINTENANCE & INTEGRITY

64,821

51,590

59,905

49,400

225,716

AGRICULTURE, OFF-HIGHWAY AND OTHER

42,227

43,726

53,734

50,917

190,604

OTHER ENERGY SOLUTIONS

19,825

21,294

23,575

19,184

83,878

ROPE & CABLE SOLUTIONS

14,293

15,342

19,439

16,095

65,169

CONCRETE TENSIONING

13,483

13,072

13,184

13,150

52,889

ENGINEERED SOLUTIONS SEGMENT

OFF-SHORE MOORING

5,532

5,952

4,136

3,089

18,709

ON-HIGHWAY

51,630

50,611

57,710

55,880

215,831

AGRICULTURE, OFF-HIGHWAY AND OTHER

42,227

43,726

53,734

50,917

190,604

TOTAL

$

265,793

$

258,869

$

295,427

$

275,695

$

1,095,784

TOTAL

$

265,793

$

258,869

$

295,427

$

275,695

$

1,095,784

NOTE: The total of the individual quarters may not equal the annual
total due to rounding

ACTUANT CORPORATION

SUPPLEMENTAL UNAUDITED DATA

(Dollars in thousands)

NET SALES BY PRODUCT LINE

NEW REPORTING STRUCTURE

FORMER REPORTING STRUCTURE

FISCAL 2018

FISCAL 2018

Q1

Q2

Q3

Q4

TOTAL

Q1

Q2

Q3

Q4

TOTAL

INDUSTRIAL TOOLS & SERVICES SEGMENT

INDUSTRIAL SEGMENT

PRODUCT

$ 101,120

$ 105,301

$ 115,722

$ 117,262

$ 439,405

INDUSTRIAL TOOLS

$ 84,510

$ 87,438

$ 98,970

$ 98,628

$ 369,546

SERVICE & RENTAL

40,871

31,685

43,013

36,111

151,680

HEAVY LIFTING TECHNOLOGY

12,406

11,643

9,327

12,975

46,351

ENGINEERED COMPONENTS & SYSTEMS SEGMENT

ENERGY SEGMENT

ON-HIGHWAY

64,882

59,297

66,556

57,348

248,083

ENERGY MAINTENANCE & INTEGRITY

56,710

48,889

63,421

55,366

224,386

AGRICULTURE, OFF-HIGHWAY AND OTHER

51,316

50,795

58,386

54,990

215,487

OTHER ENERGY SOLUTIONS

19,131

17,103

20,436

22,088

78,758

ROPE & CABLE SOLUTIONS

16,386

17,101

20,436

22,088

76,011

CONCRETE TENSIONING

11,635

10,984

12,983

13,596

49,198

ENGINEERED SOLUTIONS SEGMENT

OFF-SHORE MOORING

2,745

2

-

-

2,747

ON-HIGHWAY

64,882

59,297

66,556

57,348

248,083

AGRICULTURE, OFF-HIGHWAY AND OTHER

51,316

50,795

58,386

54,990

215,487

TOTAL

$ 288,955

$ 275,165

$ 317,096

$ 301,395

$ 1,182,611

TOTAL

$ 288,955

$ 275,165

$ 317,096

$ 301,395

$ 1,182,611

NOTE: The total of the individual quarters may not equal the annual
total due to rounding

ACTUANT CORPORATION

SUPPLEMENTAL UNAUDITED DATA

(Dollars in thousands)

FISCAL 2016

FISCAL 2017

FISCAL 2018

Q1

Q2

Q3

Q4

TOTAL

Q1

Q2

Q3

Q4

TOTAL

Q1

Q2

Q3

Q4

TOTAL

ADJUSTED EBITDA

NET EARNINGS (LOSS) (GAAP MEASURE)

$ 15,448

$ (159,190)

$ 21,166

$ 17,402

$ (105,174)

$ 4,965

$ 5,074

$ 22,511

$ (98,764)

$ (66,213)

$ 5,226

$ (18,221)

$ 29,012

$ (37,664)

$ (21,648)

FINANCING COSTS, NET

7,117

6,866

7,253

7,532

28,768

7,132

7,334

7,553

7,683

29,703

7,514

7,604

7,756

8,617

31,491

INCOME TAX (BENEFIT) EXPENSE

2,187

(20,026)

(827)

(6,504)

(25,170)

(2,998)

200

(4,029)

(9,651)

(16,478)

1,604

19,839

(3,995)

(8,472)

8,976

DEPRECIATION & AMORTIZATION

12,472

12,384

11,361

11,560

47,777

10,896

10,729

10,637

10,848

43,110

10,090

10,295

10,415

9,907

40,708

EBITDA

$ 37,224

$ (159,966)

$ 38,953

$ 29,990

$ (53,799)

$ 19,995

$ 23,337

$ 36,672

$ (89,884)

$ (9,879)

$ 24,434

$ 19,517

$ 43,188

$ (27,612)

$ 59,527

IMPAIRMENT & OTHER DIVESTITURE CHARGES

-

186,511

-

186,511

-

-

-

116,979

116,979

-

2,987

-

70,071

73,058

DIRECTOR & OFFICER TRANSITION CHARGES

-

-

-

-

-

7,784

-

-

-

7,784

-

-

-

-

-

LOSS ON SANLO PRODUCT LINE DIVESTITURE

-

-

-

5,092

5,092

-

-

-

-

-

-

-

-

-

-

RESTRUCTURING CHARGES

4,380

3,582

3,496

3,113

14,571

2,948

2,101

384

1,795

7,228

6,629

4,284

1,186

746

12,845

ADJUSTED EBITDA

$ 41,604

$ 30,127

$ 42,449

$ 38,195

$ 152,375

$ 30,727

$ 25,438

$ 37,056

$ 28,890

$ 122,112

$ 31,063

$ 26,788

$ 44,374

$ 43,205

$ 145,430

NOTES:

The total of the individual quarters may not equal the annual total
due to rounding.

EBITDA represents net earnings (loss) before financing costs, net,
income tax (benefit) expense, and depreciation & amortization.
EBITDA is not a calculation based upon generally accepted accounting
principles (GAAP). The amounts included in the EBITDA and Adjusted
EBITDA calculation, however, are derived from amounts included in
the Condensed Consolidated Statements of Operations. EBITDA should
not be considered as an alternative to net earnings (loss),
operating profit (loss) or operating cash flows. Actuant has
presented EBITDA because it regularly reviews this performance
measure. In addition, EBITDA is used by many of our investors and
lenders, and is presented as a convenience to them. The EBITDA
measure presented may not always be comparable to similarly titled
measures reported by other companies due to differences in the
components of the calculation.